Economic Development
2 min read
288

Hydrogen Fuel Cell train set from ICF to be launched by March

January 27, 2025
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The Integral Coach Factory (ICF) is working on its flagship project for the Hydrogen Fuel Cell train set. Hydrogen fuel cell coaches are currently under production at ICF. The train set is likely to be turned out by March, said U Subba Rao, GM, ICF. In his Republic Day speech

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Economic Development
3 min read
286

India’s wheat procurement unlikely to be hit by higher market price

January 27, 2025
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Despite wheat prices ruling high currently in the market, the government is optimistic about good procurement when the rabi marketing season begins. It is view is based on the 2023-24 purchases, which was 40 per cent higher than the previous season despite higher inflation of 17 per cent just before

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Economic Development
2 min read
284

Soaps to get costlier as FMCG cos warn of more price hikes

January 27, 2025
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With the uptick in palm oil prices, major Fast Moving Consumer Goods (FMCG) companies are expected to hike soap prices further in Q4, according to indications given by leading companies in the sector, who have warned that the hikes could be higher than seen in the third quarter. The price

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Economic Development
2 min read
274

India, China must explore transformative partnerships in agriculture; says Vimal Kumar

January 27, 2025
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Amid the changing global landscape, India and China have a unique opportunity to redefine their bilateral relationship, shifting the focus from border disputes to mutually beneficial partnerships in agriculture. Beyond the usual buyer-seller relationship, both countries can explore the untapped potential of jointly developing advanced agrochemicals, nano-fertilizers and eco-friendly biopesticides,

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Economic Development
2 min read
42

Jaishankar to meet UAE leadership to discuss enhancement of bilateral ties

January 27, 2025
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External Affairs Minister S Jaishankar is on a three-day visit to the United Arab Emirates where he will meet the country’s top leadership to advance the India-UAE comprehensive strategic partnership. “During the visit, EAM will meet the leadership of the UAE to review the close partnership between the two countries

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Economic Development
2 min read
34

Reliance Industries plans massive ecosystem in Navi Mumbai, including data centres and logistics

January 27, 2025
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Billionaire Mukesh Ambani’s Reliance Industries is planning massive investments in Navi Mumbai, to set up an industrial township that will have an entire ecosystem consisting of industries, logistics infrastructure, data centres, retail, and other infrastructure to support the ecosystem, sources said. The infrastructure will be built  in Navi Mumbai IIA

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Economic Development
2 min read
32

Retailers posted 5% growth in December: Retailers Association of India

January 27, 2025
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Retailers reported 5 per cent growth impacted by inflationary pressures in December over same period last year , as per the latest survey by Retailers Association of India (RAI). The industry is now hoping for measures in the upcoming budget to boost consumption. The 57th Retail Business Survey, is for

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Economic Development
2 min read
37

Blenders, support boost tea sales at Coonoor auctions

January 27, 2025
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Useful support lent by blenders and packagers, who sell to retail outlets in packets, helped increase tea sales at Coonoor auctions, despite the market being irregular market. Traders said the price was maintained at the bottom level while high-priced tea categories were irregular in sale no:4. Global Tea Auctioneers said

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Economic Development
1 min read
32

Centre invites applications for post of SEBI chief

January 27, 2025
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The Centre has invited applications for the post of Chairman in the Securities and Exchange Board of India (SEBI). The appointment would be made for a maximum period of five years from the date of assumption or till the appointee attains the age of 65 years, whichever is earlier, according

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Economic Development
3 min read
50

Gold has provided 8% annual return since 1971, says WGC research

January 27, 2025
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Gold prices have increased by 8 per cent on an annualised basis since 1971, comparable with that of equities but higher than that of bonds. The precious metal has outperformed many other asset classes over the past three, five, 10 and 20 years besides 2024, the World Gold Council (WGC)

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